Why These AI Power Stocks Plunged on Monday
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Nuclear power stocks fell on Monday due to a Chinese startup's AI model outperforming American models with less computing power, impacting market sentiment.
January 27, 2025 | 10:00 pm
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CEG shares declined as the market reacted to a Chinese AI model outperforming US models, affecting nuclear power stocks.
The success of a Chinese AI model using less computing power than American models led to a decline in nuclear power stocks, including CEG, as investors reassessed the competitive landscape.
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